INcome of the minor

Discussion in 'Circulars' started by Alina, Jan 22, 2014.

  1. Alina

    Alina Member

    My cousin sister (widowed) with two kids. Her father-in-law deposited Rs.15,00,000/- in the name of minors and she is the guardian. Whether the income will be treated her income or the income of minor? If she considers not getting the interest, can she be called dependant on my cousin brother for the purpose of medical and other benefits from his brother who is a Govt.Servant.

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